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Stocks•11 June 2026•

2 min read

Cathie Wood Exits Robinhood for AI as Hedge Funds Rebalance Portfolios

Key Facts

1Cathie Wood sold Robinhood stock and shifted investment into an AI-related stock.

2Insiders at Liquidia Corp (LQDA) and Ramaco Resources Inc (METC) engaged in stock selling.

3Ray Dalio provided a verdict on the current state of the stock market.

Amid a shifting landscape in financial technology, major institutional moves reflect a strategic re-evaluation of emerging opportunities in global markets. According to analyst reports, Cathie Wood sold shares in Robinhood (HOOD) and shifted capital into AI-related stocks, while insiders at Liquidia Corp (LQDA) and Ramaco Resources engaged in notable selling activity. Furthermore, Ray Dalio provided a fresh verdict on the current state of the equity market, signaling a period of cautious rebalancing among top-tier hedge funds.

These maneuvers occur as fintech firms face intensifying competition; Robinhood recently reported a 40% year-over-year revenue increase in its latest quarterly filing, yet ARK Invest's pivot suggests a preference for hyper-growth AI verticals. In the broader sector, peers such as Coinbase (COIN) and Charles Schwab (SCHW) have shown similar volatility within the brokerage space, per market data. Insider selling at Liquidia specifically follows a period of heightened scrutiny regarding the company's pharmaceutical pipeline and regulatory milestones.

As of the close on June 10, 2026, HOOD stood at $86.36 after hitting a session high of $91.46, while LQDA closed at $65.25 according to pre-fetched data. Traders are now looking toward the upcoming OPEC meeting for broader market sentiment and inflation data releases from Turkey and India listed on the economic calendar. A key support level for HOOD at $84.08 will be closely watched in upcoming sessions to gauge price stability following these high-profile fund exits.